Financial Analyst (Operations)

Job Responsibility:

The Federation of Canadian Municipalities (FCM) is the national voice of municipal governments, representing the interests of cities and communities with the federal government.

Position Financial Analyst (Operations) Department Corporate Services, Finance Classification Level 5 Salary

Our salaries generally range from $73,000 - $82,500, and are based on qualifications and experience

Languages English required, French is an asset Term Permanent Full-Time Location Hybrid (Ottawa)/Remote (Canada) Why GMF is the place for you

At GMF, we empower our people to create change where it has the most impact - municipalities. GMF is a $1.6 billion permanent endowment from the Government of Canada, managed at arm's length, making it nimble and available for higher-risk, higher-impact initiatives. A further $530M investment into GMF to support the National Adaptation Strategy was announced in November 2022. Our team is committed to helping local governments switch to sustainable practices faster. GMF is the cornerstone program of the Federation of Canadian Municipalities (FCM).

Our unique mix of funding, resources, and training gives municipalities the tools they need to build resiliency — and create better lives for Canadians. Through GMF, municipalities have reduced carbon emissions; built better transportation assets; constructed efficient and resilient buildings; diverted waste from landfill; made previously unusable land available for development; and improved soil and water quality.

You in this role

Reporting to the Finance Director, Operations, the Financial Analyst coordinates, analyses and reports on the finance and accounting activities of the various departments, including: participating in the preparation and monitoring of annual departmental budgets, analyzing financial results, reporting major variances to the departmental Managers/Directors and ensuring implementation and compliance with internal controls, policies and procedures. The Financial Analyst prepares the quarterly reporting to the finance and audit committee.

The work at FCM includes FCM becoming an even more member-driven organization that balances the realization of its goals with a people-centered approach. The incumbent embodies FCM's commitment to being a healthy, diverse, inclusive, and anti-racist organization. As a member of the team, the analyst works in a manner that embraces these values, the corporate culture and the passion for FCM's mandate.

• In conjunction with the Director of Finance, Operations and departmental Managers/Director, develops the annual departmental budgets as well as various project budgets.
• Prepares monthly and quarterly financial reports including analyzing financial results, explaining any major discrepancies against budget, and presenting financial results to departmental Managers/Directors.
• Contributes to the annual external audit processes, preparing working papers, reports and variance analysis.
• Reviews contracts and contribution agreements for the departments to identify areas of potential risk to the organization's interests.
• Reviews invoices and expense claims for respective departments to ensure accuracy of information and proper policy and procedures are followed.
• Prepares month end journal entries and analyzes some balance sheet accounts on a monthly basis (intercompany, mortgage, investments, fixed assets).
• Distributes monthly financial statements to departments and gathers financial information from Finance department to include in the monthly finance report.
• Continually monitors the effectiveness and efficiency of accounting policies and procedures and make recommendations to ensure appropriate internal controls are in place and in compliance with existing policies.
• Responsible for ensuring the accuracy and integrity of financial records through the timely and accurate reconciliation of bank accounts.Provides finance training to staff of respective departments as needed.
• Supports the Director of Finance, Operations with Board quarterly reporting and presentations (Results of Operations).

Your skills make us better

• Requires strong knowledge of accounting and financial analysis, including budget preparation, analysis and management and the preparation and analysis of financial statements and reports, typically acquired through post-secondary education in accounting or finance.
• Minimum of 5 years relevant experience working in an accounting department.
• Ability to work effectively with all levels of internal and external stakeholders; excellent client service and communication skills.
• Advanced knowledge of Microsoft Office, specifically Excel, PowerPoint and experience with accounting software packages
• Demonstrated ability to prioritize and meet regular deadlines.
• Highly organized and the ability to work unsupervised
• High level of accuracy and attention to detail is essential
• The ability to work in both official languages (English and French) is an asset.

We prioritize work-life balance with our flexible model:

• When we say flexible work model, we mean that in collaboration with your manager and based on what your team needs, you have the flexibility to determine when you work so that you can enjoy a healthy balance between work and personal demands.
• While you do need to live in Canada for this role, you can primarily work from home. Travel may be required to Head Office in Ottawa periodically. The majority of the GMF team operates from the National Capital Region.
• We do like to visit the areas we are impacting and it allows us to see unique and wonderful parts of our country. You may find yourself traveling nationally 10-15% of the time.

We don't just talk about employee wellness, we live it:

• Summer hours between July 1 and Labour Day:
  • 7-hour workdays rather than 7.5
  • Every Friday off in the summer
• Flexible work arrangements to support productivity and well-being
• Commitment to employee development
• Competitive range of employee benefits and services
• Office facilities located in the Byward Market and Ottawa's downtown core

We're committed to fostering an organizational culture that embraces equity, diversity, inclusion and belonging , where individuals from diverse racial and ethnic identities, nationalities, social economic status, sexual orientation, gender identity/expression and physical and mental abilities can thrive and be fully engaged at their best level.

We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.

How to apply

If this role speaks to you and the impact you want to make, we'd love to hear from you! Apply today.

The deadline to apply is August 1st, 2024.

The future of work here includes a hybrid work model; therefore, this role will be a combination of virtual and on-site work.

The successful candidate is required to live in and be authorized to work in Canada. They are also required to be able to work from home/remotely, from within Canada. All in-office work and in-person meetings for work that take place inside and/or outside of the offices located in Ottawa will be subject to FCM's Safe Workplace Vaccination Policy, as well as its health and safety procedures.

For additional information on this posting, or for further information on FCM, access our website at Learn more about the Green Municipal Fund at